Keys to Effective Tank Management
When managing your tank equipment at a customer, is the first step to go through paperwork in a file cabinet or open a spreadsheet? When servicing the tanks, is the first step to call someone,...
Topic:
Operations
Articles and Webinars
Sales or Gallon Pricing?
While many of our articles focus on companies not using credit insurance, today I’d like to speak to the companies that are currently insuring their receivables. Whether it be Allianz (formally Euler Hermes), Coface, or...
Hidden inefficiencies are costing you millions. Here’s how you can fix it.
Inefficiency in operations is a silent killer. It’s been there for years, hiding in plain sight, costing millions in lost revenue and time. Whether it’s late payments, dispatch errors, or disconnected processes, the consequences of...
Single Top Strategy to Avoid Customer Late Pay
A petroleum company’s healthy cash flow is typically tied directly to customers paying invoices on time. Late paying customers quickly bleed away already slim margins and profits, in addition to adding significant operating costs by...
Innovation and Legislation: The Power of Distributed Gaming
When you think of gaming machines like video poker, you probably envision a casino floor in Vegas. Certainly understandable. But there are myriad non-casino locations across the U.S. with gaming machines, including c-stores and truck...
Leveraging AI in Business: Opportunities and Best Practices for Safety and Security
Many Study Groups members are cautiously optimistic about the implementation of Artificial Intelligence (AI). From optimizing energy consumption to enhancing construction project management, AI can significantly improve operations. However, with these advancements come critical considerations...